US Bank Corp (NYSE: COF) decided to keep its benchmark 30 year fixed mortgage interest rates untouched on June 20, 2014. This Friday, the interested borrowers, who are seeking standard new home purchase or refinancing mortgage packages from US Bank Corp today, will find the ideal packages being traded at the same interest rate as yesterday.
With regards to the standard, long term home loan offerings, the prospective home buyers can find the 30 year fixed rate mortgage home loan packages being traded at an interest rate of 4.500% and being backed by an annual percentage rate of 4.673%. The relatively shorter, 15 year fixed rate mortgage deals can be locked in at a lending rate of 3.500% and an annual percentage rate of 3.811% today. The interested customers can also find the shortest 10 year fixed rate mortgage home loans being traded at an interest rate of 3.375% and an annual return rate of 3.823%.Sometimes, the customers might face difficulties in obtaining conventional home loans due to the poor credit score or inability to service expensive down payments. Such borrowers can opt for the FHA versions of 30 year fixed rate home loans, which are now listed in loan portfolio at an interest rate of 4.375% and an APR yield of 4.879%. The somewhat shorter, 15 year FHA variants of the fixed rate mortgage home loans deals are now up for grabs at a lending rate of 4.000% and an APR yield of 4.565%.
The potential home buyers, who are interested in getting their pricey home purchase financed through US Bank Corp, can opt for the ideal 30 year jumbo fixed rate mortgage home loans, which are now coming out at a lending charge of 4.625% and come along with an APR yield of 4.777%. When it comes to the short term lending options, 15 year jumbo fixed rate home loan packages are now tagged at an interest price of 3.750% and an APR yield of 4.008%.
For the mortgage shoppers, who are seeking ideal finances at most negligible flexible interest rates, the US based lender provides its 3 year adjustable rate mortgage offerings at a starting interest rate of 2.250% and an APR yield of 3.261%. The more flexible, 5 year adjustable rate home loan schemes can be locked in at an interest rate of 2.625% and an APR yield of 3.250% to start with.
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Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.